“Market is the most important factor in a startup’s success or failure. Why? In a great market — a market with lots of real potential customers — the market pulls product out of the startup. The market needs to be fulfilled and it will be fulfilled by the first viable product that comes along. The product doesn’t need to be great; it just has to basically work. And, the market doesn’t care how good the team is, as long as the team can produce that viable product.”
This is what most of our clients at Appster seem to confuse the most. As an entrepreneur, your most basic goal should be to create, develop, and expand a profitable business — not rack your brain trying to discover the next “big thing”.
“A determined entrepreneur working on a solid idea with the intention of developing an effective product that solves a real market problem — these are definitely crucial to the success of a startup.